A photocopier was bought for 32,000. It is predicted to be used for four years, and then

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A photocopier was bought for £32,000. It is predicted to be used for four years, and then traded in for £10,000. Show the calculations of the figures for depreciation for each year using

(a) the straight-line method; and

(b) the reducing balance method at 25% per year.

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